As election results rolled in, the hosts on CNBC's election coverage speculated what a win by Democratic presidential nominee Sen. Barack Obama might mean.

CNBC "Kudlow & Company" host Larry Kudlow warned Obama shouldn't misinterpret the election results to unleash an attack on vital parts of the economy.

"My point is Obama can not go far to the left if he is winning states like Ohio and New Mexico and let's say Virginia and the others," Kudlow said. "In other words, these red states that are hotly contested are sending a message to Sen. Obama he must in fact govern as the moderate."

Of all the criticisms an apparently panicky Dem party has heaped on Sarah Palin in the hours since her selection was announced, Keith Boykin [bio] has come up with perhaps the unseemliest.  The former aide to President Clinton has accused Palin of being an "affirmative action" pick.

Boykin, a graduate of Dartmouth and Harvard Law, was debating the selection with Republican Joe Watkins at the end of MSNBC's 4 PM EDT hour. After some preliminary jousting, Boykin dropped his bomb.

KEITH BOYKIN Let me just say something about this choice.  The reason why she doesn't help, quite frankly, is because it's an insult.  It's an insult to women. I spoke to several women today at the Democratic National Convention who said it's insulting John McCain would pick somebody—an affirmative-action candidate basically—who is not qualified.

During the 11:00 a.m. hour of MSNBC’s News Live, host Tamron Hall discussed possible developments late in a presidential campaign such as an October surprise or a terrorist attack. After Republican strategist Cheri Jacobus claimed that Bush would be remembered for his leadership after 9/11, her Democratic counterpart Keith Boykin tried to insist that Bush was to blame:

You know, I disagree with what Cheri said too about 9/11. 9/11 was a failure for George Bush. He was asleep at the switch on 9/11. He had a memo, he had a memo a month before.

Jacobus, expressing shock, chimed in: